CDU cudeco limited
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sinosteel takes shares in lieu of cash, page-51

  1. h00ts
    46,902 Posts.
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    20/06/12
    08:55
    Post #: 10326319
    Have to disagree Stumpy the Zedman is wrong there are now 120000 less shares on issue after the " reckless buyback " that he so vehemently opposed.

    The shares that were bought back and cancelled have been re issued- what has changed is the bank balance has gone up by $8m ( less costs ) and there are 120000 " less " shares on issue.

    Just thought that needed to be cleared up ! LOL

    Hoot
    CDU Price at posting: $3.09 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 18  Upvote
    lightbulb Created with Sketch.  Great analysis
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